STOCK TITAN

Ideal Power CEO earns 61,860 performance units

Ideal Power Inc. (IPWR) reported that President and CEO David M. Somo had performance-based stock units (PSUs) for 61,860 shares of common stock earned on August 13, 2026, based on achievement of pre-established performance metrics.

(High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ideal Power Inc. (IPWR) reported that President and CEO David M. Somo had performance-based stock units (PSUs) for 61,860 shares of common stock earned on August 13, 2026, based on achievement of pre-established performance metrics. On the same date, 24,342 shares were withheld by the company at $4.26 per share to satisfy tax withholding obligations upon vesting of the PSU award; the filing states no issuance or sale of securities occurred in connection with this tax withholding.

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Insider SOMO DAVID M
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Stock F1 61,860 $0.00 $0.00
Tax Withholding Common Stock F2 24,342 $4.26 $104K
Holdings After Transaction: Common Stock — 413,383 shares (Direct)
Footnotes (2)
  1. F1. Performance-based stock units("PSUs") for shares of the Issuer's common stock were earned on August 13, 2026, based on the achievement of pre-established performance metrics.
  2. F2. Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a PSU award. No issuance or sale of securities occurred in connection with the tax withholding.
PSUs earned 61,860 shares of common stock Performance-based stock units earned on August 13, 2026 based on performance metrics
Shares withheld for taxes 24,342 shares of common stock Withheld by issuer to cover tax withholding obligations upon PSU vesting
Tax withholding value per share $4.26 per share Per-share value used for shares withheld for tax obligations
Performance-based stock units financial
"Performance-based stock units("PSUs") for shares of the Issuer's common stock"
Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.
PSUs financial
"PSUs for shares of the Issuer's common stock were earned"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
tax withholding obligations financial
"shares withheld by the issuer to cover tax withholding obligations upon vesting"
vesting financial
"to cover tax withholding obligations upon vesting of a PSU award"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

What insider equity award did Ideal Power Inc. (IPWR) report for its CEO?

Ideal Power Inc. reported that President and CEO David M. Somo earned 61,860 PSUs for shares of common stock on August 13, 2026, based on achievement of pre-established performance metrics described in the award.

Did the IPWR CEO sell any shares in this Form 4 filing?

The filing states that no issuance or sale of securities occurred in connection with the tax withholding. Shares were withheld by the issuer to cover tax obligations upon vesting of a PSU award, not sold on the market.

How many Ideal Power (IPWR) shares were withheld for taxes in this transaction?

A total of 24,342 shares of Ideal Power common stock were withheld by the issuer to cover tax withholding obligations upon vesting of the PSU award, at a reported value of $4.26 per share.

What type of equity instrument did the Ideal Power (IPWR) CEO earn?

David M. Somo earned performance-based stock units (PSUs) that settled into 61,860 shares of Ideal Power common stock, based on achievement of pre-established performance metrics as of August 13, 2026.

Was this Ideal Power (IPWR) Form 4 filed under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan (aff_10b5_one is false), and the footnotes do not state that the reported transactions were made pursuant to a Rule 10b5-1 plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SOMO DAVID M

(Last)(First)(Middle)
5508 HIGHWAY 290 WEST
SUITE 120

(Street)
AUSTIN TEXAS 78735

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ideal Power Inc. [ IPWR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/13/2026A61,860(1)A$0437,725D
Common Stock08/13/2026F24,342(2)D$4.26413,383D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Performance-based stock units("PSUs") for shares of the Issuer's common stock were earned on August 13, 2026, based on the achievement of pre-established performance metrics.
2. Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a PSU award. No issuance or sale of securities occurred in connection with the tax withholding.
/s/ Timothy Burns, Attorney-in-Fact08/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)